Home – New Forums Find the help you need Looking for recommendation of Sydney accountant

  • This topic is empty.
Viewing 11 posts - 1 through 11 (of 11 total)
  • Author
    Posts
  • #987850
    Forensic01
    Member
    • Total posts: 20
    Up
    0
    ::

    Hi

    I am about to take the plunge and go from sole trader to company-but I am looking for a new accountant prior to doing this (my old one has made a few mistakes so it’s time to change).

    I am looking for recommendations as I want to use and accountant that is good at explaining things, and will take the time to ensure we are doing everything right (ie not just whack in tax return for us at the end of the year!).

    If anyone has a recommendation I would be grateful. Ideally I am looking for inner west/greater west Sydney-but will consider anywhere in the city also!

    Thanks

    #1164585
    Flyingbandit
    Participant
    • Total posts: 15
    Up
    0
    ::

    I am in the same boat. I was shocked to hear accountants charging more than specialist doctors for a consultation.
    Around $400 per hour.
    Around $1300 – $3600 for an initial consultation to set up a company.
    Book-keeping: $60/hr

    I got my quotes from ringing around and from this site oneflare.com.au
    The few accountants I’ve spoken to just asked me about what business idea I had, and recommended cloud-based accounting software..that’s it!

    #1164586
    Forensic01
    Member
    • Total posts: 20
    Up
    0
    ::

    Whoa-I didn’t even think to ask about hourly rate -our last accountant was charging about $150 an hour and we were quote $1600 to register as a company.

    Out of interest-can you recommend any particular cloud based software?

    Thanks

    #1164587
    Flyingbandit
    Participant
    • Total posts: 15
    Up
    0
    ::

    I’m also shopping around for the same – here’s my thread:
    http://www.flyingsolo.com.au/forums/starting-business/30286-back-office-software-management-tips.html

    Most accountants have recommended Xero to me, although it was developed in NZ. Saasu is Australian, and has received better reviews from “experts”, and seems more cost effective.
    The old timers recommend MYOB or Quickbooks.

    #1164588
    Anonymous
    Guest
    • Total posts: 11,464
    Up
    0
    ::

    Hi Forensic and Flyingbandit,

    It’s nice to meet you both.

    We have some great accountants around here, so I have my fingers crossed we can rustle up some recommendations for you.

    Thanks for joining the forum :)
    Jayne

    #1164589
    MissSassy
    Member
    • Total posts: 1,255
    Up
    0
    ::

    I can highly recommend http://www.irinahollander.com.au

    Irina is a small business specialist who also specialises in SMSF.

    #1164590
    akagrp
    Member
    • Total posts: 315
    Up
    0
    ::

    Hi Guys

    Happy to chat to see if we can help

    We specialise in startups and inturn realise the need to offer solutions that help you grow but at the same time not break the bank

    We offer up front fixed solutions so no surperises come bill time along with year round complimentary phone/email support

    Feel free to send an email to [email protected] and mention flying solo for an initial complimentary session

    #1164591
    AM_FrenchsForest
    Member
    • Total posts: 4
    Up
    0
    ::

    I can highly recommend Michaela Eckman from MBM accountants in Fivedock, 02 9568 1533. I moved to the northern beaches but I still drive across town to see her. She’s got great advice, she helped me restructure my company, advised on how to structure my self managed super fund, she can even advise on price setting and a range of matters that are core to establishing a new company. Perhaps most importantly, I have a clear understanding of my tax obligations.

    Michaela also referred me to a bookkeeper (Cate Kemp, Streamlined Bookkeeping) who then helped me transition to Xero from MYOB. My accounts are now in the cloud, and like most Xero customers, I’m very pleased with the outcome.

    Good luck with your new company!

    #1164592
    FalzonFinancial
    Member
    • Total posts: 38
    Up
    0
    ::
    Forensic01, post: 190400 wrote:
    Out of interest-can you recommend any particular cloud based software?

    Thanks

    It will depend on your type of business and the functionality you require. If you have inventory and require additional reporting etc. If you have limited employees and are looking for ease of use, I would suggest Xero. On the other hand, if you have a lot more employees and are looking for a cost effective change. I would suggest QuickBooks Online.

    #1164593
    AM_FrenchsForest
    Member
    • Total posts: 4
    Up
    0
    ::
    FalzonFinancial, post: 190456 wrote:
    It will depend on your type of business and the functionality you require. If you have inventory and require additional reporting etc. If you have limited employees and are looking for ease of use, I would suggest Xero. On the other hand, if you have a lot more employees and are looking for a cost effective change. I would suggest QuickBooks Online.

    I have heard that Xero will be implementing an inventory module later this year…

    #1164594
    Forensic01
    Member
    • Total posts: 20
    Up
    0
    ::

    Thanks for the recommendations!

    Will follow up next week and hopefully find an accountant we like – and I guess we will be advised by them as to recommended software.

    Cheers

Viewing 11 posts - 1 through 11 (of 11 total)
  • You must be logged in to reply to this topic.